2. The report “Biosimilars Market by Product (Recombinant Non-Glycosylated Proteins (Insulin, Filgrastim, Interferons,
rHGH), Glycosylated (Monoclonal Antibodies, EPO), Peptides (Glucagon, Calcitonin)) & Application (Oncology, Blood
Disorders) - Global Forecast to 2020” analyzes and studies the major market drivers, restraints, opportunities, and challenges in
North America, Europe, Asia-Pacific, and the Rest of the world (RoW).
Browse 84 market data tables and 39 figures spread through 162 pages and in-depth TOC on “Biosimilars Market by Product
(Recombinant Non-Glycosylated Proteins (Insulin, Filgrastim, Interferons, rHGH), Glycosylated (Monoclonal Antibodies,
EPO), Peptides (Glucagon, Calcitonin)) & Application (Oncology, Blood Disorders) - Global Forecast to 2020"
http://www.marketsandmarkets.com/Market-Reports/biosimilars-40.html
Early buyers will receive 10% customization on reports.
The global biosimilars market is expected to reach $6.22 Billion by 2020 from $2.29 Billion in 2015, at a CAGR of 22.1% from
2015 to 2020.
The report segments the market on the basis of product, application, and region. Among various product types, the recombinant
nonglycosylated protein segment is expected to account for the largest share of the market in 2015. However, the recombinant
glycosylated protein segment is expected to grow at the highest CAGR during the forecast period.
A number of factors such as growing pressure to curtail healthcare expenditure, growing demand of biosimilar drugs due to their
cost effectiveness, rising incidences of various diseases, increasing number of off-patented drugs, positive outcome in the ongoing
clinical trials, and rising demand for biosimilars in different therapeutic applications such as rheumatoid arthritis and blood
disorders are propelling the growth of the global market. On the other hand, high manufacturing complexities and costs, stringent
regulatory requirements in countries, and innovative strategies by biologic drug manufacturers to restrict entry of new players are
restricting the growth of the global market.
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Geographically, the global biosimilars market is dominated by Europe, followed by Asia-Pacific, Rest of the World (RoW), and
North America. However, the Asia-Pacific region is likely to witness the highest growth rate during the forecast period. Factors
such as developing healthcare infrastructure, presence of a large patient population, increasing funding/investments for the
development of biosimilars, and growing focus of both international and domestic players on emerging Asia-Pacific countries are
stimulating the growth of the market in this region.
The key players in the global market include Sandoz International GmbH (Germany), Hospira, Inc. (U.S.), Teva Pharmaceutical
Industries Ltd. (Israel), Dr. Reddy’s Laboratories (India), Biocon Limited (India), Mylan, Inc. (U.S.), Amgen (U.S.), Celltrion Inc.
(South Korea), Roche Diagnostics (Switzerland), and Merck KGaA (Germany).
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